Yacht industry in China And Middle East 2014 Report Available At Researchmoz.us

While
North America is globally the largest yacht market followed by Europe,
China is the most important emerging yacht market. It is projected that
the number of leisure boats and yachts in the country will reach 100,000
by 2020 from a mere 3,000 in 2012. The market in 2020 will be worth
approximately USD 8.16 billion. The demand for small and medium-sized
yachts will increase significantly in the country in coming years.

China
has been making news in the global yacht industry. The year 2013 saw
two leading global yacht companies being taken over by Chinese business
houses. Dalian Wanda Group acquired control of Sunseeker International
and the Weichai Group acquired a controlling stake in the Ferretti
Group.

Abundant supply of labour and low cost of raw materials is
making China the new preferred manufacturing hub for yachts. This
supported by increasing number of high net worth individuals and
favourable regulations has spiked global interest in the countrys yacht
market.

Why should the report be purchased?

The report
Assessment of the China yacht industry 2014 highlights key drivers of
and trends emerging in Chinas yacht industry. The Initiatives and
performance of key international and domestic players including
Brunswick Boat Group, Sunseeker International, Ferretti Group, Azimut
Benetti, Sunbird Yacht Manufacturing Co. And Cheoy Lee Shipyards Limited
has been presented. The current market scenario and future prospects of
the sector has also been examined. The report contains latest industry
leaders verbatim.

Middle East yacht industry 2014

Executive Summary

The
Middle East is the most important superyacht (40 metres and above)
market globally. The area has the highest propensity to buy a superyacht
at approximately 48%, which means that close to 50% of the wealthy
residents are exploring the acquisition of this status symbol. This
propensity to buy is greater than any other place worldwide.

While
conventionally, Western Europe and North America are the major markets
for superyachts, the large number of ultra-high net worth individuals
present in these regions makes the Middle East an interesting yacht
market. Azzam, the largest yacht in the world as well as approximately a
third of the other 200 largest yachts internationally are owned by the
citizens of the Middle East.

The
report Assessment of the Middle East yacht industry 2014 highlights key
drivers of and trends emerging in the Middle East yacht industry. The
Initiatives and performance of key players including Bombardier,
Gulfstream has been presented. The current market scenario and future
prospects of the sector has also been examined. The report contains
latest industry leaders verbatim.

Research methodology and delivery time

Smart
Research Insights has conducted in depth secondary research to arrive
at key insights. Data collected from key public industry sources and
publications has been scanned and analyzed impartially to present a
clear picture of the industry. All recent developments which impact the
sector dynamics have been captured and used to support the research
hypothesis.

The report is available as single-site single-user
license. The delivery time for the electronic version of the report is 5
business days as each copy undergoes thorough quality check and is
updated with the most recent information available. The dispatch time
for hard copies is approximately 8 business days, as each hard copy is
custom printed for the client.